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22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 1642e

Claims based on ownership interest in corporations or other legal entities

Ch. 21 — SETTLEMENT OF INTERNATIONAL CLAIMS
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 21
Statutory Text

22 U.S.C. § 1642e — Claims based on ownership interest in corporations or other legal entities

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 21 - SETTLEMENT OF INTERNATIONAL CLAIMS SUBCHAPTER IV - CLAIMS AGAINST CZECHOSLOVAKIA Sec. 1642e - Claims based on ownership interest in corporations or other legal entities From the U.S. Government Publishing Office, www.gpo.gov

§1642e. Claims based on ownership interest in corporations or other legal entities

(a) Nationals of United States A claim under section 1642c of this title, based upon an ownership interest in any corporation, association, or other entity which is a national of the United States shall be denied. (b) Direct ownership A claim under section 1642c of this title, based upon a direct ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, if such corporation, association, or other entity on the date of the nationalization or other taking was not a national of the United States, without regard to the per centum of ownership vested in the claimant in any such claim. (c) Indirect ownership A claim under section 1642c of this title, based upon an indirect ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, only if at least 25 per centum of the entire ownership interest thereof at the time of such nationalization or other taking was vested in nationals of the United States. (d) Computation of award Any award on a claim under subsection (b) or (c) of this section shall be calculated on the basis of the total loss suffered by such corporation, association, or other entity, and shall bear the same proportion to such loss as the ownership interest of the claimant bears to the entire ownership interest thereof.

(Mar. 10, 1950, ch. 54, title IV, §406, as added Pub. L. 85–604, §1, Aug. 8, 1958, 72 Stat. 529.)

Source: uscode.house.gov — public domain Official Source ↗
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boisestandard.org
Citation
22 U.S.C. § 1642e
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The statutory text of 22 U.S.C. § 1642e is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 22 U.S.C. § 1642d 22 U.S.C. § 1642f →
Ch. 21 — SETTLEMENT OF INTERNATIONAL CLAIMS
22 U.S.C. § 162122 U.S.C. § 162222 U.S.C. § 1622a22 U.S.C. § 1622b22 U.S.C. § 1622c22 U.S.C. § 1622d22 U.S.C. § 1622e22 U.S.C. § 1622f22 U.S.C. § 1622g22 U.S.C. § 162322 U.S.C. § 162422 U.S.C. § 162522 U.S.C. § 162622 U.S.C. § 162722 U.S.C. § 163122 U.S.C. § 1631a22 U.S.C. § 1631b22 U.S.C. § 1631c22 U.S.C. § 1631d22 U.S.C. § 1631e22 U.S.C. § 1631f22 U.S.C. § 1631g22 U.S.C. § 1631h22 U.S.C. § 1631i22 U.S.C. § 1631j22 U.S.C. § 1631k22 U.S.C. § 1631l22 U.S.C. § 1631m22 U.S.C. § 1631n22 U.S.C. § 1631o
22 U.S.C. — public domain ← All Legislation
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